While opening a company in Hong Kong, a company secretary needs to b✔e appointed to ensure the legitimacy of the day-to-day running of the Hong Kong ✘company. However, as some companies have problems with difficult secretarial £work or cultural background limitations, they need ♥to engage a secretarial firm with the skills and extensi≈ve experience to provide statutory secretarial services.
I. What is statutory secretarial service?
Secretarial services are for the company's operations in& the process of various matters that need to be constantly processed a≤nd adjusted, from one or more business activities to the registration and management stage, ↑including the development of meeting minutes, maintaining corporate records, coordinating various corporate decisions, maintaining a high degree of contact with the company's shareholders and mπaintaining the management of the course of the associated companies documents, indφependently responsible for the company's secretarial and other aspects.
The concept of statutory secretarial services refers to the fact that under the Hong Kong Companies Ordinance, affiliated Hong Kong com♣panies are required to appoint a company secretary to ensure the legitimφacy of the operation of the Hong Kong company. For Hong Kong companies that do not have a sui✔table and independent handling of the management of the company, can also& be hired through the statutory secretarial agency to provide secret♦arial services to ensure that their Hong Kong company oper§ations are legal and the implementation of the various lπegal responsibilities.
II. Why register a Hong Kong company to have a secretarial company?
1. Legal Requirements The Hong Kong Companies Act provides that every co mpany operating or registered in Hong Kong shall appoint a company s↑ecretary. The main responsibility of the secretary is to supe'rvise the fulfillment of corporate documents and other leg€al obligations, and to provide necessary and accurate information →to the relevant departments.
2. Ensuring Compliance After successful registration, a Hong δKong company operates and manages itself in accordance ÷with its articles of association, which includes complianc₹e with the requirements under the Hong Kong Compani↕es Act and must not violate applicable laws and regulations to ensure its legality.↕